Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Unit:Financing Health Care - Part 2
Lecture:Factors Contributing to Increasing U.S. Health Care Costs
Slide content:Increased Demand: Aging Increased utilization of services for chronic illness above age 64 1946-1964: 66 million children Medicare eligibility beginning in 2011 Additional 10 million enrollees by 2018 Projected costs > $13,000 per capita with comparable increase in Medicare costs 18
Slide notes:The increase in the incidence of chronic disease associated with the aging of the population and the subsequent demand for medical services is expected to contribute significantly to the increase in health care expenditures in the U.S. in the coming years. There is increased cost after age 64. Sixty-six million children were born between 1946 and 1964, a group called baby boomers, and the oldest of the group became eligible for Medicare in 2011. Projected national health care expenditures per capita are expected to rise above thirteen thousand dollars with much of the burden due to Medicare costs associated with the baby boomers increased utilization of health care services. 18